Godaddy Inc (GDDY)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 893,500 | 547,400 | 498,800 | 382,100 | -358,900 |
| Revenue | US$ in thousands | 4,573,200 | 4,254,100 | 4,091,300 | 3,815,700 | 3,316,700 |
| Operating profit margin | 19.54% | 12.87% | 12.19% | 10.01% | -10.82% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $893,500K ÷ $4,573,200K
= 19.54%
The operating profit margin of Godaddy Inc has shown improvement over the years based on the provided data. Starting from a negative margin of -10.82% as of December 31, 2020, the company managed to turn this around and achieve a positive operating profit margin of 10.01% by December 31, 2021. The upward trend continued in the following years with margins of 12.19%, 12.87%, and ultimately reaching 19.54% by December 31, 2024.
This steady increase in operating profit margin indicates that Godaddy Inc has been effectively managing its operating expenses relative to its revenue, leading to improved profitability over the period under consideration. The company has shown a consistent ability to generate profits from its core business operations, showcasing financial stability and potential for further growth.
Peer comparison
Dec 31, 2024